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Gurugram : JSW MG Motor India today announced that its EV portfolio registered an impressive 66% growth in FY26 compared to FY25. The carmaker sold 62,591 EVs in FY26 compared to 37,730 units in FY25. In March, the company registered sales of 6,528* units, recording 19% Y-o-Y growth and reflecting sustained momentum across its portfolio. The MG Windsor drove this strong momentum, registering a remarkable 20% Y-o-Y growth in March. The MG Windsor continues to reign as India's No. 1 selling EV, with its strong acceptance among car buyers across the country. Interestingly, 70% of the total Windsor sales come from non-metro cities, highlighting its strong appeal and suitability for smaller cities. This also signals a significant shift in traditional car-buying patterns towards electrification. Furthermore, the company will strengthen its NEV portfolio with the introduction of its first PHEV (Plug-in Hybrid Electric Vehicle) in the coming months.
India's Ministry of Corporate Affairs (MCA) has announced an ongoing investigation into three electric vehicle (EV) manufacturers for allegedly availing government subsidies fraudulently. The total sum in question amounts to approximately Rs2.97bn (about $35m). The firms under scrutiny, Hero Electric Vehicles, Benling India Energy and Technology, and Okinawa Autotech; they are accused of violating guidelines tied to FAME II. FAME II was launched in 2019 by India's Ministry of Heavy Industries (MHI), that aimed to promote local EV manufacturing and drive electrification in India. It is mainl ...Read More >
Chennai (Tamil Nadu) [India], July 2: Entrepreneur India EV 2025, held in Chennai on June 27-28, catalyzed bold conversations around India's electric future, bringing together policy visionaries, industry stalwarts, and capital enablers. The summit was a powerhouse of insights, partnerships and next-gen strategies--making it clear that India isn't just part of the global EV race; it's aiming for pole position. Also Read | FIFA Club World Cup 2025: Gonzalo Garcia's Goal Sends Real Madrid Into Quarterfinals With 1-0 Win Over Juventus (Watch Goal Video Highlights). Kicking off the two-day confe ...Read More >
Mumbai, July 4: Tata Power Chairman N Chandrasekaran, addressing the company's 106th Annual General Meeting (AGM) on July 4, emphasized the company's strategic growth, operational excellence, and unwavering commitment to clean energy, even as he acknowledged recent challenges. Opening the address with a solemn note, Chandrasekaran said, "We honour those who lost their lives in the recent Air India flight tragedy AI-171. Across the Tata Group, our thoughts are with the affected families and loved ones." He also paid homage to the late Ratan Tata, saying, "We bid farewell to Mr. Ratan Tata las ...Read More >
Ranchi (Jharkhand) [India], August 4 (ANI): The Jharkhand government declared a three-day state mourning, starting Monday, following the passing of the state's former Chief Minister and co-founder of Jharkhand Mukti Morcha, Shibu Soren. "In honour of the late Honourable former Chief Minister-cum-Rajya Sabha MP, the State Government has decided to observe 03 (three) days of state mourning from August 4 to August 6," the message from the Jharkhand government read. Also Read | Kerala Shocker: 47-Year-Old Man Dies by Suicide After Failing to Arrange Funds for Son's Engineering College Admission. ...Read More >
India is embracing sustainable mobility. A new report highlights a strong shift towards electric, hybrid, and alternative fuel vehicles. Government policies and industry investments are driving this change. Several states are leading in electric vehicle adoption. India is following a multi-fuel approach to reduce emissions. New government norms will reward automakers for producing cleaner vehicles. India is rapidly moving toward sustainable mobility through a mix of electric, hybrid, and alterna ...Read More >
India EV Sales: The competition between electric players in the Indian automobile market has become even more exciting. The latest sales figures for March 2026 clearly show that Tata Motors remains the undisputed king of the EV segment, but a fierce battle is looming between Mahindra and JSW MG Motor for the second-place spot. This month, the entry of Maruti Suzuki's e-Vitara and the Vietnamese company VinFast has created a new buzz in the market. If you, too, are planning to buy a new electric car in 2026, read this detailed article to learn about the performance and top-selling models of the ...Read More >
CHENNAI: Hyundai Motor Group has partnered with three Indian Institutes of Technology (IITs) to establish a collaborative research system in the fields of batteries and electrification. The three institutes are IIT Madras, IIT Delhi and IIT Bombay. The Hyundai Centre of Excellence (CoE), which will be set up on IIT Delhi campus, will operate through sponsorships from Hyundai Motor Group. The primary objective of the Hyundai CoE is to take the lead in driving advancements in batteries and electrification, specifically designed to meet the unique requirements of the Indian market. Hyundai Mo ...Read More >
China has filed a complaint against India in the World Trade Organisation (WTO) over New Delhi's subsidies for electric vehicles (EVs) and batteries. The Chinese Commerce Ministry has alleged that the measures by India violate several WTO obligations, including the principle of national treatment, and constitute import substitution subsidies, which are explicitly prohibited under the multi-lateral trade rules. These measures unfairly benefit India's domestic industries and undermine China's leg ...Read More >
Mumbai, Jul 9 (PTI) JSW MG Motor on Wednesday said the global shortage of rare earth magnets, a key component in motors used for electric vehicles, has not impacted its production currently and is unlikely to impact it in the immediate future, but it is keeping a close watch on the developments. The company, which launched its first premium car showroom, MG Select, in Thane in the Mumbai Metropolitan region, also said that the curbs by China on the supply of magnets have been impacting not only the EV makers but ICE (internal combustion engine) powered vehicle makers as well. Also Read | Kol ...Read More >
The International Finance Corporation (IFC) is investing $20 million in Transvolt Mobility, marking its first equity investment in an electric vehicle fleet platform. This investment aims to help Transvolt expand its fleet to 3,500 vehicles, creating 8,200 jobs over the next five years. It also supports India's clean mobility goals by deploying heavy commercial EVs across various sectors. International Finance Corporation (IFC) will provide $20 million equity investment in Transvolt Mobility, ma ...Read More >
Pune (Maharashtra) [India], April 2: EKA Mobility, a leading electric vehicles and technology company, today announced a strong 5X year-on-year volume growth in FY 2025-26, with 1,143 units sold and 1,344 electric commercial vehicles produced. This milestone comes on the back of the company's comprehensive electric vehicle portfolio across segments. During the year, EKA entered the M&HCV truck segment, in addition to its existing bus and SCV portfolio. The company is a Champion OEM under the Auto PLI Scheme and has achieved certification across multiple platforms. Also Read | Dubai Gold Rate ...Read More >
New Delhi, Apr 7 (PTI) Total electric vehicle retail sales in India grew by 24.6 per cent at 24.52 lakh units in FY26 as compared to the previous fiscal, with every category delivering strong double-digit growth, Federation of Automobile Dealers Associations said on Tuesday. While electric two-wheelers crossed 14 lakh units, electric passenger vehicle retail sales missed the 2 lakh units by a whisker but surged 83.63 per cent in FY26, FADA said in a statement. "FY'26 has been a watershed year for India's electric mobility story. Total EV retail across two-wheelers, three-wheelers, passenger ...Read More >
Mumbai : Amid rising geopolitical uncertainty and continued disruptions in global fossil fuel supply chains, Avaada Group, one of India's leading integrated clean energy companies, today announced the next phase of its 'Infinite Clean Energy' campaign. Building on its earlier focus on powering the AI revolution with sustainable energy, this phase strategically shifts to supporting India's electric mobility transition. Avaada continues to anticipate and address evolving global energy challenges through scalable, renewable solutions. India, which is largely dependent on imported crude oil, has ...Read More >
New Delhi: JSW MG Motor India on Friday announced their foray into the 'accessible luxury' electric car segment with the unveiling of two new models - MG Cyberster, India's first all-electric Roadster and the MG M9, the first electric three-row limousine, slated to be launched this year. Accessible luxury is usually referred to high-quality products that are priced lower than traditional luxury goods. The two models were unveiled at the Bharat Mobility Global Expo 2025 and the debut was under its new luxury brand channel, MG Select. "Today, EV penetration in India is still very, very low. It ...Read More >
Thoothukudi, India. Vietnam's Vinfast on Monday began production at a $500 million electric vehicle plant in southern India's Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports to the region. It says the factory will create more than 3,000 local jobs. The Vietnamese company says it scou ...Read More >
Chennai, August 4: Vietnamese Electric Vehicle (EV) major VinFast on Monday officially inaugurated its assembly plant at Thoothukudi in Tamil Nadu, kicking off the move that will see a phased investment of up to Rs 16,000 crore. In its initial phase, the plant has a capacity to assemble 50,000 SUVs of its two premium electric SUV models -- the VF 6 and VF 7. The plant is scalable up to 150,000 units annually to meet the rising demand as the company aims to develop Thoothukudi as an export hub. VinFast sees the plant, backed by Tamil Nadu's robust infrastructure, skilled labour, and port acces ...Read More >
Mumbai, March 31: Mercedes-Benz India has officially confirmed that its highly anticipated electric sedan, the CLA EV, will be launched in the country on April 24, 2026. The move marks the return of the CLA nameplate to the Indian market, this time as a fully electric four-door coupe. Bookings for the new model are already underway with a token amount of INR 1.50 lakh, and early customers are expected to receive a complimentary wall-box charger as part of the launch offer. The CLA EV is a critical addition to the German automaker's luxury electric portfolio, effectively consolidating several ...Read More >
New Delhi, Apr 1 (PTI) JSW MG Motor India on Wednesday reported a 19 per cent year-on-year rise in dispatches to dealers at 6,528 units in March. The wholesales for March reflected sustained momentum across its internal combustion engine (ICE) and new energy vehicle (NEV) portfolios, JSW MG Motor India said in a statement. The company said it will hike prices on the MG SELECT portfolio by up to 7 per cent, effective April 1, 2026, including flagship models such as the MG Cyberster and MG M9. Already, the company has announced a price increase of up to 2 per cent across its MG portfolio, eff ...Read More >
While overall deal volumes remained stable compared to the previous quarter, values spiked sharply due to large-ticket strategic acquisitions. New Delhi: India's automotive sector recorded its strongest quarter in over a year, with 30 transactions valued at $4.6 billion in Q3 2025, according to the Grant Thornton Bharat Q3 2025 Automotive Dealtracker. The surge in deal value was largely driven by Tata Motors' $3.8 billion acquisition of Iveco S.P.A., marking one of the largest outbound automotiv ...Read More >
Pune: Maruti Suzuki, India's biggest car maker, on Friday said it aims to be the largest producer of electric vehicles in the country and make India the export hub over the next one year. The Japanese giant will take on EV market leader Tata Motors, Mahindra and MG Motor in the electric car game in the country. To realize its goals Maruti Suzuki, which unveiled its first electric SUV e-Vitara at the Bharat Mobility Global Expo 2025 in New Delhi on Friday, will introduce a range of six electric vehicle models by 2030. Suzuki Motor Corporation representative Director and President Toshihiro S ...Read More >
New Delhi, Oct 2 (PTI) Auto components major SKF India group, which has undergone demerger of its automotive and industrial businesses, plans to invest up to Rs 1,460 crore by 2030 across the two verticals, including capacity expansion and setting up of a new plant. The company expects the demerged industrial entity, SKF India (Industrial) Ltd , to be listed by November this year, subject to necessary approvals. The demerger of the industrial business has been completed effective October 1, 2025, with the National Company Law Tribunal (NCLT), Mumbai bench sanctioning the scheme, SKF India Lt ...Read More >
New Delhi, Jun 27 (PTI) Delhi Chief Minister Rekha Gupta on Friday flagged off 105 new orange-coloured DEVI (Delhi EV Inter-connector) electric buses and inaugurated the newly built Sector A9 depot in Narela, calling it a step towards cleaner and more efficient public transport for the capital. Gupta said the depot was completed in just 90 days and claimed it reflects the BJP government's commitment to deliver on promises made to Delhi residents. She also attacked the previous Aam Aadmi Party (AAP) government, accusing it of pushing Delhi Transport Corporation (DTC) into losses and fostering ...Read More >
Mumbai/New Delhi: "A pandemic shut borders, a war disrupted energy flows, and a ship stuck in the Suez Canal shook global logistics. And yet, in this turbulence lies an extraordinary opportunity for India to position itself as a trusted, resilient, and sustainable manufacturing hub." Maruti Suzuki India MD & CEO Hisashi Takeuchi's call to action set the tone at the annual session of the Automotive Component Manufacturers Association of India (ACMA) on Friday as he invoked Prime Minister Narendra Modi's mantra of "Aapda mei Avsar" or opportunity in adversity. The tide of history enables count ...Read More >
The fund will support purchase and operations of 1,455 e-buses, which will be deployed across Maharashtra, Assam, and Gujarat JBM Ecolife Mobility, a subsidiary of JBM Auto, on Thursday said it has secured a $100 million long-term capital investment from the International Finance Corporation (IFC) to support the purchase and operations of 1,455 electric buses. The buses will be deployed across cities in Maharashtra, Assam and Gujarat. Nishant Arya, Vice Chairman and Managing Director, JBM Auto L ...Read More >
Mumbai, Sep 15 (PTI) Sterling Gtake E-Mobility Ltd (SGEM) has partnered with Chinese firm Landworld Technology for the local manufacturing of the on-board chargers and DC/DC converters as well as power distribution units. SGEM, a subsidiary of the automotive components maker Sterling Tools, expects the collaboration to generate around Rs 450 crore in business by FY30, the company said. SGEM also said it will manufacture these units at its electric vehicle campus in Faridabad under a technology licence and supply pact with Landworld. The move is a part of Sterling Gtake's plans to expand the ...Read More >
THOOTHUKUDI, India (AP) -- Vietnam's Vinfast is due to break ground Monday on a $500 million electric vehicle plant in southern India's Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports to the region. It says the factory will create more than 3,000 local jobs. The Vietnamese company sa ...Read More >
Accounting-tech startup Atlas, customer interaction platform Angoor AI, EV mobility firm Trev Mobility, and AI-powered home resale platform Proho have raised funding in separate early-stage rounds, the companies said. The company will use the capital to expand its AI platform, grow its network of partner accounting firms in North America, and accelerate go-to-market efforts, it said in a statement. Atlas was founded in 2025 by former Stellaris executive Arpit Maheshwari and entrepreneur Jagmal ...Read More >
Hyderabad, June 27 (UNI) India's electricity demand is expected to reach 4 trillion units (4,000 TWh) by 2035 due to industrial expansion, urban growth, and the electrification of transport, according to the latest report released by OmniScience Capital, a Global Investment Management firm. Energy transition has become critical for a sustainable future, initiatives and policies such as Net-zero, 500 GW Renewable power target, EV adoption, Rooftop Solar push, and others are driving this transformation, the report stated. By 2035, three transformative sectors -- Electric Vehicles (EVs), Data C ...Read More >
New Delhi [India], June 28 (ANI): The Central Electricity Authority (CEA), Ministry of Power, Government of India, in collaboration with BSES discoms, organised the Electrical Safety Day 2025 in New Delhi on June 26, 2025. Celebrated nationally since 2018, Electrical Safety Day on June 26 serves as a powerful reminder of India's commitment to creating a zero-harm electrical ecosystem that evolves in tandem with the country's clean and smart energy ambitions. According to a press release, this year's theme, "Smart Energy, Safe Nation" underscored the need to embed safety into every facet of In ...Read More >
The truck was unveiled by Maharashtra CM Devendra Fadnavis at the company's 10,000-capacity manufacturing facility in Pune. Blue Energy Motors (BEM) on Thursday said it has launched its electric heavy-duty truck featuring battery swapping technology. The truck was unveiled by Maharashtra Chief Minister Devendra Fadnavis at the company's 10,000-capacity manufacturing facility in Chakan, Pune. The Chief Minister also inaugurated India's first electric corridor between Mumbai and Pune, which is pa ...Read More >